Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.
BTC, ADA Price News: Bitcoin Slumps Further as Traders Await Friday Veri
Rising inflation, currency debasement and growing fiscal deficits will push countries to make strategic bitcoin allocations, the report said.
The renewed correlation poses a short-term risk for bitcoin prices, according to an analyst.
BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio.
Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.
The network hashrate rose 54% in 2024, slower than 2023’s 103% gain, the report said.
A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say.
Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play.
MicroStrategy Purchases More Bitcoin, Adding to Holdings for 9th Consecutive Week.
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